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Layoffs surge to highest level since Great Recession""thanks, Trump

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A new report released on Thursday revealed a massive surge in job cuts last month and an overall increase in layoffs for this year''hitting levels not seen since the Great Recession. The report from Challenger, Gray & Christmas, an outplacement firm, showed 153,074 job cuts announced in October, an increase of 183% from cuts announced in September and up 175% from the same month in 2024.
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